Raise refund reissue claim if tax rebate is delayed, say experts

Do this only if there are no remarks or reasons given by I-T division for withholding it

High-salaried employees may reconsider their contributions to Voluntary Provident Fund (VPF).

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One of the major reasons for not getting a refund is that the I-T department adjusts the refund payable against any pending liabilities of the taxpayer.

Bindisha Sarang

5 min read Last Updated : Sep 14 2021 | 1:27 AM IST

The Central Board of Direct Taxes has issued income-tax (I-T) refunds worth Rs 70,120 crore to more than 2.61 million taxpayers between April 1 and September 6. Of this, personal I-T refunds of Rs 16,753 crore have been issued in over 2.47 million cases, despite technical glitches in the new e-filing portal.

Earlier this month, the department asked taxpayers who received notices to respond online for getting an early refund. The refund is usually issued within 10 days of income-tax return (ITR) submission, although it can be delayed for a wide variety of reasons.

Archit Gupta, chief executive officer, Clear,

Topics : income tax returns I-T refund CBDT ITR I-T Act I-T Department